527 Beach Rd Sarasota, FL 34242
Estimated payment $19,723/month
Highlights
- Open Floorplan
- Cathedral Ceiling
- Laundry Room
- Phillippi Shores Elementary School Rated A
- No HOA
- Outdoor Shower
About This Home
Discover an exceptional income-generating property in the heart of coveted Siesta Key right on Beach Road! This fully renovated raised multi-unit compound features a spacious 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathrooom unit (side by side). An impressive gross income in 2023 and n 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow. Note: This property is zoned an RMF (Residential Multifamily) and is legally able to accept nightly rentals. The property boasts recent upgrades including new AC (2022), updated flooring (2025), modernized plumbing (2022), electrical (2022), and hot tubs (2022). This amazing opportunity is the best cap rate on any house on Siesta Key. Whether you're seeking a high-performing Airbnb rental portfolio or a strategic redevelopment opportunity in one of Florida's most desirable beach destinations, this property delivers both immediate income and long-term appreciation potential. Absentee owner managed; turnkey operation available at on a management fee with all staff staying in place. This house already has engineering drawings to enclose the bottom area adding 2,000 additonal square foot, that would increase rent by or more. This property could be purchased as a portfolio with 5228 Calle Menorca and 6550 Sabal Road.
Listing Agent
BEYCOME OF FLORIDA LLC Brokerage Phone: 844-239-2663 License #3469487 Listed on: 02/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,981
Year Built
- Built in 1985
Lot Details
- 7,379 Sq Ft Lot
Parking
- 8 Carport Spaces
Home Design
- Duplex
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,803 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Outdoor Shower
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- Sarasota Beach Community
- Sarasota Beach Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 25 / 21
- Assessor Parcel Number 0082120010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,673 | $1,549,600 | $1,337,000 | $212,600 |
| 2024 | $22,791 | $2,010,000 | $1,782,700 | $227,300 |
| 2023 | $22,791 | $1,965,200 | $1,663,300 | $301,900 |
| 2022 | $20,428 | $1,706,900 | $1,478,300 | $228,600 |
| 2021 | $13,137 | $1,049,200 | $823,900 | $225,300 |
| 2020 | $12,642 | $964,100 | $786,900 | $177,200 |
| 2019 | $11,745 | $961,500 | $838,000 | $123,500 |
| 2018 | $11,442 | $971,200 | $748,400 | $222,800 |
| 2017 | $10,362 | $671,876 | $0 | $0 |
| 2016 | $8,887 | $687,000 | $418,400 | $268,600 |
| 2015 | $8,414 | $634,500 | $376,600 | $257,900 |
| 2014 | $7,363 | $458,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $3,395,000 | -- | $1,883 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,395,000 | Attorney | |
| Warranty Deed | $4,300,000 | Attorney | |
| Warranty Deed | $600,000 | Attorney | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $350,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,737,990 | Amount Keyed Is An Aggregate Amount | |
| Previous Owner | $420,000 | Commercial | |
| Previous Owner | $315,000 | Commercial |
Source: Stellar MLS
MLS Number: O6384340
APN: 0082-12-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 467 Canal Rd Unit 467
- 436 Canal Rd Unit A
- 544 Canal Rd
- 462 Island Cir
- 534 Beach Rd Unit 4
- 450 Beach Rd Unit 3
- 450 Beach Rd Unit 4
- 548 Beach Rd Unit 540A
- 540 Beach Rd Unit 510
- 546A Beach Rd Unit 544
- 420 Beach Rd Unit 606
- 420 Beach Rd Unit 203
- 421 Island Cir
- 5334 Calle Florida
- 5319 Calle de La Siesta
- 5371 Calle Florida
- 2 Island Cir
- 5355 Calle Florida
- 5507 Calle Del Invierno
- 5351 Calle Florida
- 460 Beach Rd Unit A1
- 446 Canal Rd Unit 5
- 211 Island Cir
- 306 Island Cir
- 5516 Avenida Del Mare
- 5216 Calle de Costa Rica
- 5400 Ocean Blvd Unit 1-5
- 5519 Azure Way
- 301 Avenida Madera Unit B
- 301 Avenida Madera Unit A
- 5354 Shadow Lawn Dr
- 137 Avenida Messina Unit 2
- 5624 Cape Leyte Dr
- 5577 Contento Dr
- 327 Avenida Milano
- 345 Avenida Leona
- 131 Whispering Sands Cir Unit V33
- 5640 Cape Leyte Dr
- 143 Whispering Sands Dr
- 19 Whispering Sands Dr Unit 106
Ask me questions while you tour the home.